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Newark, New Jersey Mayor Cory Booker has taken a lot of heat in recent days for defending Romney’s Bain Capital against the Obama reelection 
campaign’s attacks.
In an interview with ‘Meet the Press’, Booker said, “I’m not about to sit here and indict private equity,” and “If you look at the totality of Bain Capital’s record, they’ve done a lot to support businesses — to grow businesses. And this to me, I’m very uncomfortable.”
He later backtracked in both a YouTube video and on the Rachel Maddow Show. However, ThinkProgress has come across a bit of Booker’s campaign finance information which further demonstrates why he went to bat for Bain:
Among those contributing to his campaign were John Connaughton ($2,000), Steve Pagliuca ($2,200), Jonathan Lavine ($1,000) — all of Bain Capital. While the forms are not totally clear, it appears the campaign raised less than $800,000 total, making this a significant percentage.
He and his slate also jointly raised funds for the “Booker Team for Newark” joint committee. They received more than $450,000 for the 2002 campaign from the sector — including a pair of $15,400 contributions from Bain Capital Managing Directors Joshua Bekenstein and Mark Nunnelly. It appears that for the initial campaign and runoff, the slate raised less than $4 million — again making this a sizable chunk.
In all — just in his first Mayoral run — Booker’s committees received more than $565,000 from the people he was defending. At least $36,000 of that came from folks at Romney’s old firm.
Follow the money, I guess.
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John
May 23, 2012 at 2:59 am
Obama also received substantial contributions from Bain Capital, Blackstone and other private equity firms. I don’t recall him ever declining their money…
George c*x
May 22, 2012 at 3:28 pm
If it true he need 2give that money 2 a black charity or school. What why our community is a mess our leader look out 4them self
Tony Carr
May 22, 2012 at 12:42 pm
Oh the truth comes out…
Michael Callion
May 22, 2012 at 12:32 pm
The majority of democrat and republican polititions are corporate puppets. That’s why the condition of this country never improves.
On Youtube there is an interesting lecture recently done by Glen Ford of Black Agenda report where he exposes Cory Booker for being the fraud that he is.
Damien Hodge
May 22, 2012 at 12:09 pm
you already knew he had ties to Bain the way he came out in favor of them!